GMX $GMX DAO IS BUYING THE DIP AGAIN
GMX DAO added 18,500 tokens in 6 days, spending about $120K at an average of $6.49. Since March 5, the program has accumulated 48,280 GMX worth roughly $320K at an average of $6.63, signaling persistent treasury support during volatility.
Track the buyback pace. Watch for liquidity tightening and front-run any expansion in DAO accumulation. Let the treasury keep absorbing supply while the market underprices the bid.
This is the kind of flow I watch closely: recurring treasury demand can build a real floor and force a faster repricing once sellers get exhausted.
Not financial advice. Manage your risk.
#GMX #Crypto #DeFi #Altcoins #WhaleWatching
✦

GMXUSDT
Perp
6.289
+1.12%